re: Ann: Daily share buy-back notice - Append... There is more than coal that they are looking for but it adds to another reason FT did the Marampa deal.
The purpose of the exploration drilling is to identify potentially large sources of coal for power generation for African Minerals' iron ore projects in Sierra Leone. Once the coal is exploited it will be exported to earn much needed foreign currency for our country.
The other question would be is that roomer about FT wanting to takeover CFE true.
Ps the other thing that amazes me is where do all the sellers come from some shorting that dont hold the stock in the first place but you still need to buy back and most should see the value in holding, I just cant see why most would sell such a stock that has so much going for it.
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- Ann: Daily share buy-back notice - Appendix 3E
Ann: Daily share buy-back notice - Appendix 3E , page-7
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